All that glitters ... four fine-jewelry professionals prove they have the mettle for the business.THE WORLD OF JEWELRY IS A VAST ONE, with estimated sales of $61.9 billion in the U.S. alone, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Jewelry Industry Research Institute. But despite the fact that 65% of the world's diamonds were mined on the African continent, there appear to be limited opportunities for African Americans looking to enter the field. Some experts say this is because of the institutional nature of the jewelry business: Recruitment has been an exclusive in-family tradition, with very few exceptions. As a result, openings for African Americans have been confined mainly to the industry's retail segment. "We just don't realize it's a viable industry with all the arms and facets of a regular business," explains Nicole Davis, vice president of marketing and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most for Goldstein Communications. "It's the fear of the unknown," adds Larry H. Barkley Sr., president of the luxury jewelry chain Georg Jensen Georg Arthur Jensen''' (August 31, 1866, Raadvad, Denmark - October 2, 1935, Copenhagen) was a Danish silversmith. Born in 1866, Jensen was the son of a knife grinder in the town of Raadvad just to the north of Copenhagen. . "Somehow [many] feel the luxury retail sector is off limits based on not seeing a lot of African American faces there. You don't see them so you don't aspire to aspire to verb aim for, desire, pursue, hope for, long for, crave, seek out, wish for, dream about, yearn for, hunger for, hanker after, be eager for, set your heart on, set your sights on, be ambitious for it." Sales, however, is the heart of the industry and the most-traveled avenue to gain access, affirms Veronica Clark-Hudson, an 18-year industry veteran and director of the Gemological Institute of America-Los Angeles (www.gia.edu). "Most everyone [in the jewelry industry] will ask if you have retail experience then train you in their procedures." Barkley agrees about the importance of the sales professional: "Without that person, your brand doesn't have a chance." He estimates base and commission salary ranges from $65,000 to as high as $300,000, depending on the luxury brand and the company's commission structure. Barkley says that jobs in public relations and marketing and as company president are perhaps the most coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. opportunities in the industry due to their high visibility and the fact that there are so few positions. He says a PR/marketing director can command $95,000 to $200,000 plus bonuses, while a company vice president or president can expect compensation of $175,000 to $500,000 plus bonuses. The employment of jewelers and precious stone and metal workers is expected to decline slightly through 2014. But in general, employment opportunities promise to be excellent, according to the 2006-07 Bureau of Labor Statistics Bureau of Labor Statistics (BLS) A research agency of the U.S. Department of Labor; it compiles statistics on hours of work, average hourly earnings, employment and unemployment, consumer prices and many other variables. occupational outlook "The increasing numbers of affluent individuals, working women, double-income households, and fashion-conscious men are expected to keep jewelry sales strong," notes the report. Advancement opportunities, however, depend greatly on an individual's skill and initiative. The specialists assembled in this story highlight the varied career possibilities in the luxury jewelry industry and exemplify the drive and resourcefulness that inspire new directions. [Larry H. Barkley Sr. President Georg Jensen USA New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ] "My aspiration at Saks Fifth Avenue Saks Fifth Avenue is a chain of upscale American department stores that is owned and operated by Saks Fifth Avenue Enterprises (SFAE), a subsidiary of Saks Incorporated. It competes in the elite luxury department store market with Neiman Marcus, Bergdorf Goodman and Barneys New was to become vice president of a single store," recalls Larry H. Barkley Sr. Unfortunately, as assistant general manager, he was offered larger volume and salary but no possibility of advancement. In 1999, he decided to leave and joined Bvlgari as vice president of the retail sales division. In his seven-year tenure there, Barkley steered its retail business from $30 million to $80 million. "To have [Saks] call after I left to offer me the top spot is confirmation that I was ready but they weren't ready to make the move with me," he says. Instead, he accepted an offer from Georg Jensen USA (www.georgjensen.com) as president in January 2006. It actually took a headhunter headhunter A popular term for a person–or employment agency who recruits physicians, upper echelon executives or other professionals, matching potential employees with employers to convince Barkley that his early retail background, his business acumen, personality, and career successes were a good fit with the $3 billion luxury jewelry industry. Because the industry is not aggressive in recruiting candidates, Barkley says it's difficult for African Americans to get a read on what's expected to succeed. Barkley, 48, a business administration graduate of the University of Maryland University of Maryland can refer to:
"The sector I operate in is passion-driven; the best salespeople are passionate about the business and able to convey that passion to customers. Retaining customer base is the No. 1 priority." The key pieces to retail management, according to Barkley, are to "understand, embrace, and implement the vision of the brand attract, retain, and motivate the best talent; select the right locations for retail operations; and market the brand, product, and people. [Akeem Anishere Master Jeweler Anishere Designs Englewood, NJ] Akeem Anishere has performed a variety of jobs to raise capital for his jewelry prototypes, which can then be sold to jewelry stores for manufacturing. "Starting out, you have to be creative and diversified," he insists. Anishere, originally from Lagos, Nigeria, specializes in designing elegant high-end jewelry made with 18k gold, diamonds, sapphires, tanzanite tanzanite (tănzăn`īt), beautiful gemstone discovered in 1967 in the Umba Valley near the Usambara Mts. in Tanzania, a precious variety of the mineral zoisite, a calcium aluminum silicate. , and rubies. An innovative pairing of rose, green, and white gold with platinum is the hallmark of Anishere Designs (www.anisheredesigns.com). Anishere, 44, actually began as a trained sculptor and complemented his expertise with advanced jewelry making and repair and stone setting courses at the Gemological Institute of America The Gemological Institute of America, or GIA, is a non-profit institute dedicated to research and education in the field of gemology. The GIA is also well known for its gem identification and grading services, and developed the famous "four Cs" (Cut, Clarity, Color and Carat . He made his first piece in 1992 at the request of a jeweler. A master jeweler on staff at a retail outlet retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → earns $40,000 to $65,000 for managing production "from the concept to the rendition to the wax model, casting, assembly, stone setting, and polishing," he explains. An independent master jeweler can earn more. "Let's say you get your line into Neiman Marcus Neiman Marcus U.S. department-store chain. It was founded in Dallas, Texas, in 1907 by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband, A.L. Neiman. , you earn money for your design and also for manufacturing it," Anishere says. Copyright ownership depends on the retailer's contract, but terms are negotiable. "When I use my ingenuity to make a clasp CLASP - Computer Language for AeronauticS and Programming easier to open or close, those are technical aspects I make sure to patent." For the new entrant, Anishere suggests taking a job as a bench jeweler--one who repairs jewelry--to finance your prototypes. Create a portfolio of design drawings to circulate among manufacturers, attend the Manufacturing Jewelers and Suppliers of America trade show (www.mjsa.org) to stay abreast of evolving techniques, and consider retaining a representative on a commission basis to shop designs. "It's a lucrative job," says Anishere. "I can get work anywhere in the world. [My skills are] universal." [Nicole Davis VP of Marketing and Public Relations Goldstein Communications Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. ] Whether the perception appointed to jewelry is based on empowerment or romance, Nicole Davis knows her clients' bottom line and brand identity rely on her ability to "build a bridge between an inanimate object and what the object represents." Davis is the vice president of marketing and public relations for Goldstein Communications (www.goldsteincom.com), a full-service agency that specializes in marketing luxury jewelry and fashion. "Branding is a driving force," says Davis. "Consumers are not just buying that ring, they're buying into the lifestyle." When Davis, 34, spots a trend in design that benefits her clients, she communicates it to magazine editors, retail store operators, TV producers, and fashion stylists to accelerate buzz by getting jewelry placed on celebrities in photo shoots, music videos, and at award galas. She has provided jewelry for Renee Zellweger, Jamie Foxx Jamie Foxx (born December 13, 1967) is an American actor, singer, and stand-up comic. Foxx is possibly best-known for his performance of musician Ray Charles in Ray, and for his collaborations with director Michael Mann. , Elizabeth Hurley Elizabeth Jane Hurley (born June 10, 1965) is an English actress, fashion model, producer and designer. Early life Elizabeth Hurley was born in Basingstoke, Hampshire, England in 1965. , and Oprah Winfrey “Oprah” redirects here. For the show, see The Oprah Winfrey Show. Oprah Gail Winfrey (born January 29, 1954) is the American multiple-Emmy Award winning host of The Oprah Winfrey Show, the highest-rated talk show in television history. . Davis, a native of Kingston, Jamaica The City of Kingston is the capital and largest city of Jamaica. It is located on the southeastern coast of the island country at Coordinates: . , is also account manager for Platinum Guild International USA (www.preciousplatinum.com), a marketing organization for platinum jewelry designers and manufacturers. And while she affirms that purchases are often driven by emotion, she believes that buying luxury jewelry is also very much an investment. "Jewelry should be a lifetime purchase that can pass from generation to generation." The York University York University, at North York, Ont., Canada; nondenominational; coeducational; founded 1959 as an affiliate of the Univ. of Toronto, became independent 1965. psychology graduate was interviewing to enter the public relations industry in 1997 when she landed in the luxury jewelry division of VNU VNU Volontaires des Nations Unies (French) VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch) VNU Virtual Network User Expositions. For two years, Davis served as account manager for the Couture Jewelry Collections Conference, which exposed her to many facets of show production. She lists strong writing skills, event production experience, and the ability to build strategic relationships as highly desirable skills in her field. "You have to be a people person and able to tell a story in many different ways." [Hugh Nelson
Sir Hugh Muir Nelson KCMG (31 December 1835 - 1 January 1906) was Premier of Queensland from 1893 to 1898. Nelson was born at Kilmarnock, Scotland. Independent Jeweler Desiree Morgan Co. Naperville, IL] "Because you have an M.B.A. don't mean anything; show me your commitment." That was the hard-nosed response retail jeweler DeLois Walker offered her son Martin and his college mate Hugh Nelson when the wide-eyed duo were Perdue Perdue may refer to:
After earning his master's degree in human resources, Nelson, originally from Canton, Michigan, registered for distance classes with the Gemological Institute of America. "With knowledge, the world opens up to you," attests Nelson, 38, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at Desiree Morgan (www.desireemorgan.com), an independent boutique launched in 2003 and the sister company to Mrs. Walker's Alpha Gold. Because the jewelry business is highly competitive, jewelers who plan to open their own store should have sales experience as well as marketing and business management skills. To contend with retail goliaths such as Costco and Wal-Mart, Nelson--who oversees purchasing and marketing strategies, manufacturing decisions, and new product rollouts--stewards a proactive plan. "We review consumer data to create events tailored to our customers' jewelry interests and personal passions," he says. "For the independent jeweler, it's not just about a single purchase. We're there when your kids enter college, when they graduate, and for the engagement." Cash flow is also key, says Nelson: "Our business is cyclical; 60% to 75% of our revenue is generated from October through February." Nelson is vigilant about employing customer relationship management processes that gauge spending trends. He also makes follow-up calls to customers, which in one instance resulted in a change to the return policy when a customer informed him it was too rigid. "Our customers trust that we provide an honest opinion and quality product," he says. "If we err in either of those two areas, they're out the door." |
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